Arbe Robotics priced an offering of 11.5M ordinary shares at $1.40 each, expecting $16.1M in gross proceeds. The underwriters may purchase an additional 1.725M shares. The offering is set to close around January 27. Proceeds will go to working capital and corporate purposes. Canaccord Genuity is the sole bookrunner.

Source: TheFly

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Read more at Yahoo Finance: Arbe Robotics prices 11.5M shares at $1.40 in registered direct offering